Herbalife reveals key market opportunities in APAC on the back of new record high for sales volume
Herbalife has identified three key opportunities in APAC's dietary supplement market, ranging from obesity to ageing after the firm saw a 23% year-on-year rise in sales in the region.
The firm revealed the numbers in its Q2 earning reports, adding this marked the sixth quarter in a row that the region has set a new all-time record for sales volume.
Within South East Asia (SEA), Vietnam, Malaysia, and Indonesia were the top performers in terms of volume, with a growth of 40%, 32%, and 28% respectively. India also grew by 36%.
Yes we can: Nestlé China launches smart recycling machine for infant formula tins
Nestlé China has developed a smart machine for recycling infant formula container tins, which will be stationed in mother-and-baby stores as part of its latest sustainability drive.
The first placement will be located at Leyou, 20 Kidswants’ outlets in Beijing, Shanghai, and Nanjing.
Consumers who recycle the tins can accumulate points and enjoy cashback offers.
Offline still king: Indian online supplement brand Pure Nutrition expands airport retail presence
Indian online nutraceutical brand Pure Nutrition has opened new retail stores at Delhi International Airport to capture the offline consumer market, in what the firm’s CEO told us was “the next logical step”.
Located at both the domestic and international departure halls, the new stores stock a range of travel-oriented dietary supplements, with a particular focus on those which maintain gut health and boost immunity. Pure herbal infusions, protein powder, and cold pressed oils are also available.
Although the brand started from doing online business, CEO and director Sushil Khaitan told NutraIngredients-Asia that opening physical stores was the “next logical step”.
Goat growth: NIG Nutritionals woos Chinese market with low GI and collagen beverages
NIG Nutritionals is wooing the Chinese consumers with a wider range of goat’s milk based products, on the back of its infant formula success in China.
The New Zealand firm, which specialises in goat’s milk based nutrition products, is a subsidiary of direct selling firm New Image Group.
The latter, which sells health supplements, reported a consolidated revenue of more than $300 million in the past financial year.
Cute culture? Japan’s Takanashi Group launching beauty-from-within yoghurt drink
Japanese dairy manufacturer Takanashi Group is launching what it believes is the first yoghurt drink for good skin backed by a Food With Function claim (FFC).
The flora yogurt drink claims to relieve dry skin and keep it moist with its functional component, lactic acid bacterium Lactobacillusrhamnosus GG, reported to help moisturise skin from inside.
The product is sold as a FFC, and contains 14 billion strains per 100mL.